Examples of Bankruptcy Cases in a sentence
Xxxxx acknowledges that the Seller Parties are operating the Business in the context of the Bankruptcy Cases.
Notwithstanding anything to the contrary herein, the Seller Parties shall have continued access to all Transferred Books and Records as is necessary to administer the Bankruptcy Cases and the Seller Parties may retain copies of such Transferred Books and Records, as necessary or appropriate in connection with such purpose.
If the Debtors’ Bankruptcy Cases shall have been dismissed or converted to cases under Chapter 7 of the Bankruptcy Code or if an interim or permanent trustee or an examiner with expanded powers shall have been appointed to oversee or operate the Debtors in their Bankruptcy Cases.
All material amounts of Taxes shown due on such Tax Returns owed by (x) the Seller Parties solely with respect to the Transferred Assets and (y) the Transferred Entities, in each case, have been fully paid or properly accrued for on the Financial Statements, other than with respect to any Taxes the payment of which was precluded by reason of the Bankruptcy Cases.
The Company has determined in the exercise of its fiduciary duties that the Transactions will provide a meaningful and substantial benefit to the Debtors, their respective estates and stakeholders, and the Bankruptcy Cases.